Asia Tele-Net Flags High Shareholding Concentration After SFC Enquiry
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Asia Tele-Net and Technology Corp Ltd has reported a high concentration of shareholding following an enquiry by Hong Kong’s Securities and Futures Commission. As of April 20, 2026, the controlling shareholder, Mr. Lam Kwok Hing, and 20 other shareholders hold approximately 90.8% of the company’s shares, leaving only 9.2% for other investors. This limited free float may lead to increased price volatility and challenges for investors. Following share repurchases, the public float is expected to decrease to about 8.43%.
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